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Employees: 3,889
Size NRB Bearings (NRBBEARING.NS) is an India Consumer Discretionary company (Auto Parts: OEM) with a market value of $442M, the 892nd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹431.10 on 6 Nov 2026.
Performance Over six months the shares gained 43.6%, against -23.5% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 14.4% over the last twelve months (peer median +2.6%); the operating margin is 13.1% (peer median 5.4%).
Valuation It trades at 28.2× forward earnings against a peer median of 8.3× (most expensive of 8).
Price implies For today's price to make sense, revenue must grow about 28% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +16 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.9 points below its cost of capital (14.8% WACC).
Next results Next results expected around 15 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹13.9B | ₹13.3B | ₹11.9B | ₹10.9B | ₹10.5B |
| Revenue growth | — | +11% | +10% | +4% | — |
| Gross profit | ₹5.65B | ₹3.24B | ₹2.92B | ₹2.54B | ₹2.54B |
| EBITDA | ₹2.45B | ₹2.33B | ₹1.93B | ₹1.59B | ₹1.61B |
| Net income | ₹1.48B | ₹1.43B | ₹794M | ₹2.39B | ₹940M |
| Free cash flow | n/a | ₹1.28B | -₹54.6M | ₹464M | ₹28.7M |
| Capital expenditure | n/a | ₹1.05B | ₹819M | ₹494M | ₹408M |
| Total debt | n/a | ₹1.54B | ₹1.87B | ₹1.78B | ₹3.29B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NRBBEARING.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.6% | -8.0% | 6th lowest of 21 |
| 6-month return | +43.6% | -23.5% | highest of 21 |
| Distance from 52-week high | -23.0% | -34.1% | 6th highest of 21 |
| Revenue growth (TTM) | +14.4% | +2.6% | 6th highest of 20 |
| Operating margin | 13.1% | 5.4% | 3rd highest of 20 |
| Forward P/E | 28.2× | 8.3× | most expensive of 8 |
| Growth the price implies (Req g, 7 yrs) | 27.7% | 7.9% | most demanding of 11 |
| Growth delivered (Del g) | +12.0% | +6.9% | 3rd highest of 11 |
| Hurdle (Req g minus delivered) | +15.6 pp | +3.1 pp | 2nd most demanding of 11 |
| ROIC minus cost of capital | -0.9 pp | -0.9 pp | 10th lowest of 20 |
| EV / EBITDA | 17.1× | 9.7× | most expensive of 10 |
| Net debt / EBITDA | 0.3× | -0.2× | 3rd most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| NRB Bearings NRBBEARING.NS | India | $442M | +44% | +14% | 13% | 28.2× | 27.7% | +12.0% |
| Tianjin Pengling 300375.SZ | China | $439M | -20% | +7% | 2% | n/a | 21.7% | +11.3% |
| SNT DYNAMICS 003570.KS | South Korea | $446M | -59% | +9% | 8% | 8.9× | n/a | n/a |
| Xin Point 1571.HK | Hong Kong | $437M | -21% | +1% | 19% | 6.3× | n/a | n/a |
| Ningbo Tianlong Electronics 603266.SS | China | $448M | -26% | +3% | 8% | n/a | 8.7% | +6.3% |
| Swaraj Engines SWARAJENG.NS | India | $450M | -13% | +25% | 12% | 20.4× | 19.1% | +15.3% |
| Shanghai Vico Precision Mold & Plastics 301499.SZ | China | $450M | -39% | +16% | 4% | n/a | n/a | n/a |
| Changchai 000570.SZ | China | $450M | -23% | +1% | 2% | n/a | 7.2% | +1.5% |
| Hefei Conver 603409.SS | China | $451M | -45% | +16% | 11% | n/a | n/a | n/a |
| Kehua 603161.SS | China | $433M | -12% | n/a | n/a | n/a | n/a | n/a |
| Chuo Spring 5992.T | Japan | $433M | -28% | +2% | 2% | n/a | n/a | n/a |
| DaikyoNishikawa 4246.T | Japan | $431M | +17% | -3% | 6% | 7.3× | -5.1% | +2.0% |
| Xingmin Intelligent Transportation Systems (Group) 002355.SZ | China | $426M | -29% | +20% | -19% | n/a | n/a | n/a |
| Beijing Tianyishangjia New Material 688033.SS | China | $459M | -34% | -31% | -342% | 22.7× | 15.2% | +10.6% |
| Ningbo Gaofa Automotive Control System 603788.SS | China | $424M | -25% | +3% | 11% | n/a | -0.2% | +12.1% |
| Shanghai Lianming Machinery 603006.SS | China | $418M | -19% | +17% | 8% | n/a | 18.6% | -5.1% |
| Xuelong 603949.SS | China | $416M | -26% | +10% | 17% | n/a | n/a | n/a |
| Shenzhen Roadrover Technology 002813.SZ | China | $470M | -4% | -14% | -16% | n/a | n/a | n/a |
| PXI Auto Components Suzhou 301560.SZ | China | $415M | -24% | +8% | 2% | n/a | n/a | n/a |
| Tachi-S 7239.T | Japan | $474M | +6% | -2% | 5% | 8.3× | -16.7% | +6.3% |
| Martinrea International MRE.TO | Canada | $475M | -10% | -3% | 5% | 4.2× | -6.2% | +7.4% |